1022 Watson Lane, Key West, FL 33040

$950,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 968 Lot Size (sq. ft.): 1,535 Status: Active
Current Price: $950,000 List Date: 12/23/2025 Last Modified: 4/01/2026

Description

Old Town opportunity with the features buyers ask for most: private pool, garage, and X-zone location. This 3-bedroom, 2 full bath, 1 half bath home offers a flexible two-story layout with the main living space upstairs and a separate downstairs lock-out with its own entrance, ideal for guests, extended family, or a private home office setup. The home also features wood floors, central air, French doors, deck and balcony space, and a fenced setting designed for relaxed Key West living. Built in 1934, this property blends character, versatility, and a prime Old Town location with room to make it your own.

More Information MLS# 617812

Contract Information

Current Price: $950,000 Listing Date: 2025-12-22 Listing Board: Key West Association List Price: $950,000

Location Tax Legal

Street #: 1022 Street Name: Watson Street Suffix: Lane Key/Island: Key West State/Province: FL Zip Code: 33040 County: Monroe Subdivision: Gwynn Sub (1.0) Area: 02 - Key West

General Property Description

Realtor.COM Type: Residential - Single Family Style: Single Family Waterfront: No Pool: Yes Year Built: 1934 Lot SqFt: 1535 Acres: 0.04 Living Apx SqFt: 968 SqFt Source: Tax Records Total Bedrooms: 3 Full Baths: 2 Half Baths: 1 Total Baths: 3 Rentals Allowed: Yes Min Rental Days: 30

Status Change Info

Status: Active

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No

Building Style

Above Flood: Yes Stories: 2 Stories

Property Features

Fee Includes: None Tax Exemptions: Homestead Waterfront: None Waterview: No Waterview Dockage: None Vehicle Storage: Garage Furnished: Unfurnished Cooling: Ceiling Fans(s); Central Air Utilities: FKAA; Municipal Sewer Appliances: Dishwasher; Disposal; Dryer; Freezer; Microwave; Oven; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Privacy Wall/Fence; Storage; Water Display Pool Info: In Ground; Concrete; Decked Construction: Frame Shutters: Other Floor: Wood Pets: Pets Allowed Land Size: Less Than 1/4 Acre Terms: Cash; Conventional; FHA Title: Negotiable

Room Information

Full Bathroom Level: Second Bedroom 1 Level: Second Living Room Level: Second Kitchen Level: Second Dining Room Level: Second Bedroom 2 Level: Main Bedroom 3 Level: Main Full Bathroom Level: Main Half Bathroom Level: Main
Listing Office: Island Life Realty Experts
Last Updated: April - 01 - 2026
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